Overview
What is Halifax County Business Horizons Inc?
Halifax County Business Horizons Inc is a nonprofit organization located in Roanoke Rapids, North Carolina (NC 27870). Its primary objective is to stimulate economic growth and enhance the living standards in Halifax County. The organization achieves this by actively recruiting new industries to the area, thereby creating job opportunities. This strategic approach aims to attract new businesses to the region, thereby contributing to its overall economic development.
Official website here: www.halifaxhorizons.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Halifax County Business Horizons Inc has achieved a solid rating of 83%, reflecting a commendable level of accountability and financial health. The organization features an entirely independent board, with all ten members meeting the standards for governance. Its financial practices are strong, as indicated by a low liabilities to assets ratio of 0.00% and a high program expense ratio of 94.34%, which shows that the majority of its funds are directed towards its programs rather than administrative costs.
However, there are some areas where the organization falls short. Notably, it lacks a whistleblower policy and a document retention and destruction policy, both of which received no points in the evaluation. While these issues do not directly indicate financial mismanagement, they highlight potential governance weaknesses that could affect transparency and accountability in the long run.
Overall, Halifax County Business Horizons Inc demonstrates strong financial responsibility and effective program spending, but it could benefit from strengthening its governance policies to enhance its overall operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Halifax County Business Horizons Inc legitimate?
Halifax County Business Horizons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Halifax County Business Horizons Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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For more financial information, click here
Official website here: www.halifaxhorizons.com
What is the mission statement of Halifax County Business Horizons Inc?
Halifax County Business Horizons Inc is an organization dedicated to fostering economic growth and improving living standards. Their primary mission is to attract new industries to the area, thereby creating job opportunities. This corporate entity was established with the objective of generating development opportunities, thereby contributing to the overall economic well-being of the community. While the specifics of their activities may vary, the core goal remains the same: to stimulate business growth and create employment opportunities.
Official website here: www.halifaxhorizons.com
Who is the CEO of Halifax County Business Horizons Inc?
Scott Aman is the Board Member of Halifax County Business Horizons Inc.
Official website here: www.halifaxhorizons.com
What is the revenue of Halifax County Business Horizons Inc?
Halifax County Business Horizons Inc's revenue in 2022 was $695,906.
Official website here: www.halifaxhorizons.com
Who are the executives of Halifax County Business Horizons Inc and what are their salaries?
Here are 39 key members and their salaries:
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Official website here: www.halifaxhorizons.com
Where can I find the form 990 for Halifax County Business Horizons Inc?
Halifax County Business Horizons Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.halifaxhorizons.com
Learn more at the official website: www.halifaxhorizons.com
Mission Statement of Halifax County Business Horizons Inc
Halifax County Business Horizons Inc is an organization dedicated to fostering economic development and enhancing the living standards within the community. Its primary mission can be succinctly stated as the recruitment of new businesses to the area, with the ultimate goal of creating job opportunities. This corporation was established with the objective of providing a platform that attracts new industries to the area, thereby contributing to the local economy and providing employment opportunities for the community's residents. By fulfilling this mission, Halifax County Business Horizons Inc plays a crucial role in stimulating economic growth and improving the overall well-being of the community.
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Impact
July, 2024
Halifax County Business Horizons Inc's impact is evident in its efforts to recruit new industries to the area and create job opportunities. By focusing on economic development and raising the standard of living in Halifax County, this corporation plays a crucial role in driving growth and prosperity in the region. Through its mission to attract new businesses and generate employment opportunities, Halifax County Business Horizons Inc contributes to the overall well-being and advancement of the community in Roanoke Rapids, NC.
This information is meant to be a general summary of Halifax County Business Horizons Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $602
- Gross Receipts: $695,906
Assets and Liabilities:
- Total Assets: $405,029
- Total Liabilities: $0
- Net Assets: $405,029
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Organization Details
Founding Year
1995
Phone
(252) 519-2630Principal Officer
Scott Aman
Main Address
260 PREMIER BOULEVARD, ROANOKE RAPIDS, NC, 27870
Website
www.halifaxhorizons.comNTEE Category
Code: P99 - Human services
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